AVL australian vanadium limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-12

  1. 1,666 Posts.
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    I think this part would be of interest to investors.

    evidence of support in the project,,,
    "and that you can complete the project and meet the costs of the project not covered by grant funding"

    This is a condition needing to be met to actually be awarded the grant in the first place, which AVL obviously have.. Meaning Vince would have had to supply evidence that they CAN fund the project outside of the grant's assistance.
    How much this weighs in to the grant being awarded or how much due diligence the government would look into the evidence, we don't know that, but it appears to be a stamp of confidence in AVL from government regarding the financing side.

    That's how I read it?
 
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